Long View, NC Cost of Living

Long View cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.

The above illustration supplies generalized information for the Long View, NC cost of living index. Compared to other cities in North Carolina and cities across the country, the cost of living index in Long View, NC is 86, which is 9% lower than the North Carolina average and 14% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Long View, NC are 3% higher than the average for North Carolina and 1% higher than the rest of the country.

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How would you rate the cost of living in Long View?Excellent. Goods, services and housing are all very affordable.Good. Most goods and services are affordable.Poor. Everything is more expensive than I'd like.Awful. You'll have to take out a loan to live here.View resultsWrite a review to give others more information about this area.Is the cost of living increasing or decreasing in Long View?Decreasing rapidly. Costs are dropping at a rapid rate.Decreasing steadily. Costs of goods and services are declining.Increasing steadily. Prices are increasing, but at a reasonable rate.Increasing rapidly. I can barely keep up with the increasing prices.View resultsWrite a review to give others more information about this area.

Did you know?

The cost of living in Long View is 9% lower than the North Carolina average.

The cost of living in Long View is 14% lower than the national average.

The cost of housing in Long View is 47% lower than the national average.

North Carolina general sales tax is 7% lower than the national average.

North Carolina state income tax is 159% higher than the national average.

Compare Long View, NC Cost of living To Other Cities

Salary Calculator

I currently make 50,000This is how much you would need to earn in Price difference in compared to

Cost of living index

Goods & Services index

Groceries index

Health care index

Housing index

Transportation index

Utilities index

Use the salary calculator to compare your current income in Long View, NC to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Long View, NC, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Long View, NC salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income

Per Year

Per Month

Max Budget (28% DTI)

Max Budget (36% DTI)

Owners

$39,832

$3,319

$929

$1,195

Renters

$27,125

$2,260

$633

$814

If you want to find a good determining factor for the cost of living and the general affordability of housing in Long View, NC, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Long View, NC, the median monthly income is $39,832 for those who own their own homes. Under the standard rule, that income level would allow for $929 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $27,125, per the median income in the area. That would allow for renters to spend up to $633 on monthly rental expenses.

North Carolina Sales Tax

State

General Sales Tax

With Max Surtax

North Carolina

4.75%

7.5%

North Carolina Income Tax

State

Income Tax (Low)

Income Tax (High)

North Carolina

5.75%

5.75%

When you are determining the total cost of living in Long View, NC you will want to make sure you consider both the North Carolina sales tax and the North Carolina income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in North Carolina is 4.75%, with the highest surtax being 7.5%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in North Carolina have a range from 5.75% to 5.75%.

Goods & Services

Item

Long View

National avg.

Difference

Haircut

$17.75

$16.09

10.3%

Beauty Salon

$33.80

$37.33

9.5%

Toothpaste

$3.18

$2.45

29.8%

Shampoo

$1.17

$1.00

17.3%

Movie

$10.91

$10.28

6.2%

Bowling

$5.78

$4.93

17.1%

Groceries

Item

Long View

National avg.

Difference

Ground Beef

$3.79

$3.80

0.4%

Fried Chicken

$1.17

$1.40

16.2%

Milk

$1.87

$2.01

6.7%

Potatoes

$2.97

$3.01

1.5%

Pizza

$8.52

$9.89

13.8%

Beer

$8.92

$8.90

0.3%

Health Care

Item

Long View

National avg.

Difference

Optometrist

$113.53

$102.16

11.1%

Doctor

$102.91

$108.36

5.0%

Dentist

$113.63

$92.53

22.8%

Ibuprofen

$7.03

$9.28

24.3%

Lipitor

$418.61

$425.82

1.7%

Housing

Item

Long View

National avg.

Difference

Home Price

$86,700.00

$184,700.00

53.1%

Avg. Mortgage Payment

$971.92

$1,202.44

19.2%

Apartment Rent

$642.00

$949.00

32.3%

Transportation

Item

Long View

National avg.

Difference

Gasoline

$2.14

$2.24

4.8%

Tire Balancing

$45.78

$46.29

1.1%

Utilities

Item

Long View

National avg.

Difference

All Electricity

$154.11

$165.96

7.1%

Phone

$31.00

$28.68

8.1%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.